Cyient

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA by CRISIL.
• ResultsMixedIn the Sep 2026 quarter, sales rose 26% and profit fell 7.7% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters buyingThe promoters (founders or parent) own 25%, up from 23% in Sep 2025.
• ValuationExpensive vs its pastThe share trades at 33.3 times its yearly earnings (P/E), pricier than 96% of the time in the last 5 years. Its usual P/E is about 16.

Cyient against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)33.3 against a typical 24.9: pricier than most peers (1st = cheapest).61st of 106
• Sales growth+25.5% against a typical +20.8% from a year earlier.36th of 85
• Profit growth−7.7% against a typical +5.6% from a year earlier.47th of 77
• Share price, 3 months+36.6% against a typical −10%.10th of 93
• Size₹ 12,943.9 Cr. market value against a typical ₹ 206.6 Cr. (1st = largest).9th of 100

Exchange filings and their impact on the company.

• 28 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositive
  Record Q2 orders and 10-quarter high DET margin plus TAO accretion set up double-digit revenue and profit growth.

  Cyient reported a strong Q2 FY27 with DET revenue of $174.2 million up 7.5% sequentially and EBIT margin of 14.2%, its highest in 10 quarters, with record Q2 order intake of $158.4 million. TAO Digital added $9.6 million for one month and is tracking to a $100-110 million run-rate while DLM grew over 26% year-on-year with a record order book and semiconductors grew 8% sequentially to $19.3 million. The board declared an interim dividend of Rs 12 per share after completing a Rs 720 crore buyback, with management guiding confidence for the second half despite wage hikes and supply constraints.

  Full analysisFiling
• 22 Oct 2026Record DateLow impactPositivePrice +7.8% on 23 Oct
  Cyient declared Rs 12 interim dividend with 28 Oct 2026 record date, payable by 17 Nov 2026.

  Cyient's board declared an interim dividend of Rs 12 per share of Rs 5 face value for FY 2026-27. The record date is fixed as 28 October 2026 and payment will be made by 17 November 2026. At about Rs 134 crore total payout, it is a modest cash return to shareholders with no change to the business outlook.

  Full analysisFiling
• 22 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +7.8% on 23 Oct
  Record revenue growth from Kinetic and TAO deals drives sales up ~22% but debt jumps Rs 2500 cr and profits stay flat.

  Cyient reported Q2 FY27 consolidated revenue of Rs 2,235 crore, up 25.5% from last year, and half-year revenue of Rs 4,311 crore, helped by the Kinetic Technologies purchase in April and TAO Digital Solutions purchase in September. Profit fell with half-year net profit at Rs 241 crore down 20% as interest, depreciation and tax rose, while borrowings jumped to about Rs 2,480 crore to fund the deals. The board declared an interim dividend of Rs 12 per share and approved buying the remaining 49% of Cyient Solutions and Systems to make it fully owned.

  Full analysisFiling
• 6 Oct 2026UpdatesLow impactNegativePrice −0.4% on 7 Oct
  Long-serving COO Prabhakar Atla exited after 22 years, creating near-term transition risk.

  Cyient disclosed on 6 October 2026 that Chief Operating Officer Prabhakar Atla, classified as Senior Management Personnel, has resigned. His resignation letter dated 28 June 2026 says his last working day was 28 September 2026 after 22 years at the company. The exit creates a senior leadership gap at Cyient DET that will need to be filled, with limited near-term execution risk.

  Full analysisFiling
• 6 Oct 2026Press ReleaseLow impactPositivePrice −1.8% that day
  Cyient launched AI-led IES unit and CYiNGINE platform to drive outcome-based engineering growth.

  Cyient on October 6, 2026 formed a new integrated business unit, Intelligent Engineering Solutions (IES), anchored on its lifecycle engineering intelligence platform CYiNGINE. The unit combines data, domain expertise and AI across engineering, service, and quality-regulatory lifecycles with three reusable playbooks to deliver measurable client outcomes. The move supports Cyient's shift from project work to long-term outcome-based partnerships, with benefits expected to build gradually over the next 12 months.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

P. N. S. V. Narasimham

President, Head of Corporate Functions

Prabhakar Atla

President, Chief Financial Officer

Sukamal Banerjee Mirnal

Chief Executive Officer, Executive Director

Ganesh Venkat Krishna Bodanapu

Executive Vice Chairman, Managing Director

K.A. Prabhakaran

Senior Vice President, Chief Technology Officer

Sudheendhra Putty

Compliance Officer, Company Secretary

Ramya Mohan

Vice President, Head of Group Strategy